105m² of stunning salon space located in the heart of North Sydney.

You can’t go past this opportunity to own the best-looking salon in North Sydney. With Brand new fit out and room to grow this Urban retreat salon is ready for you.

High industrial style ceilings and beautiful timber floors, this salon has been designed with a focus on client and staff comfort.

Plenty of room for multiple stylists to work comfortably and get this salon pumping to its maximum.

Your chance to own the hottest salon space in North Sydney!

Business Highlights:

- Manager in place along with, 3 full-time seniors and 1 apprentice.

- Luxurious quality fit out with 10 stations and 3 basins and room for more.

- 105m² with a brand new $150,000 fit out

- Solid Lease 3+5 years

- Super cheap rent just $1115 p/w

- Nail artist rents small back area for $250 p/w (formal agreement in place with rent due to increase over December to $300 p/w)

- Parking at the door step

- Great team in place waiting for a new leader

Key considerations:

- Sales – approx. $450k per annum and a huge increase for last quarter

- Base Rent – $58k per annum

- Net Profit – approx. $150K for 2018 and going up

- Nail artist pays $13,000 rent per year for 4m² (due to increase)

Whether you are an investor or a hairdresser looking to expand your salon empire you can’t let this salon go.

Owner selling due to major health reasons.

Price: $220,000 plus stock

For further information on this opportunity, please contact the undersigned:

Emma Attenborough

Business Broker - Salon specialist

Benchmark Business Sales and Valuations

M: 0404 090 367 T: 1300 366 521 E: emma@benchmarkbusiness.com.au

Benchmark Salon Sales

www.salonsales.net.au

If you like to know more about the Business complete our online confidentiality agreement here: https://benchmarkbusiness.com.au/ca-form-2524

or go to our Website www.benchmarkbusiness.com.au and use the reference #2523 to search for the business.



Benchmark Business Sales and Valuations

The business images shown are for illustration purposes only and may not be an exact representation of the business.

Business Category: Salon, Salon Sales, Hair Salon, Hair, Hairdresser, Retail Sales, Retail Store, Hairdressing, Beauty

Property Code: 2524
uniqueID : benchmark_71_109